Sons Of Italy In America is located in Kettering, OH. The organization was established in 1972. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sons Of Italy In America is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2022, Sons Of Italy In America generated $179.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $158.3k during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE ARE A LOCAL CHAPTER OF THE ORDER SONS OF ITALY IN AMERICA DEDICATED TO PROMOTING OUR CULTURE, TRADITIONS, LANGUAGE AND LEGACY OF OUR ANCESTERS. THERE ARE APPROXIMATELY 500 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Bertolo Trustee | 1 | $0 | |
Belinda Ferrara Trustee | 1 | $0 | |
Jeff Lacon Trustee | 1 | $0 | |
John Fantauzzo Trustee | 1 | $0 | |
Steve Carusone Past President | 5 | $0 | |
Rosa Nickelman Guard | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $140 |
Total Program Service Revenue | $158,280 |
Membership dues | $20,955 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $520 |
Total Revenue | $179,895 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $2,819 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,000 |
Occupancy, rent, utilities, and maintenance | $25,000 |
Printing, publications, postage, and shipping | $3,611 |
Other expenses | $124,907 |
Total expenses | $158,337 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $112,549 |
Other assets | $0 |
Total assets | $113,367 |
Total liabilities | $105 |
Net assets or fund balances | $113,262 |